club brokerages
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club brokerages TD Americade is buying Scottrade; the deal will close next September. What brokerages are most popular with Bivio clubs? SEMI Model Club moved from TDAmeritrade to Folio Investments, and BI Brighton Model Club moved from FirstTrade to Folio both several years ago. Why? Because the Model Clubs require individual BetterInvesting membership as a condition of club membership so they easily qualify for no commission window trading . Any investment club that meets the 4 BI member criteria also qualifies. From the BI website. BetterInvesting Clubs: BetterInvesting and Folio Investing's program for investment clubs helps you save money on one of your biggest expenses: brokerage commissions. Clubs can use the Folio Investing Unlimited Plan for no annual fee!1 Get unlimited commission-free window trading.* That's a $290 per year value 1- Applies only to clubs that have paid their annual club dues and have at least four BetterInvesting members Len Douglass ,Financial partner Southeastern Michigan NAIC Model Club From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Jeanne Tieken TD Americade is buying Scottrade; the deal will close next September. What brokerages are most popular with Bivio clubs? We use TD Ameritrade. No issues--- good support. From: "Jeanne Tieken" <jeannetieken@gmail.com> To: "The Club Cafe" <club_cafe@bivio.com> Sent: Tuesday, October 25, 2016 7:35:30 AM Subject: [club_cafe] club brokerages TD Americade is buying Scottrade; the deal will close next September.
What brokerages are most popular with Bivio clubs? TDAmeritrade. No issues either. Jimmy James P. Dickerson | Adhesives Technology, Eastman Chemical Co. Office 423.229.1935 | Cell 423.367.9693 Sent from my iPhone
We use Charles Schwab with good results and Bivio link, but I understand they no longer offer accounts to "organizations with less than $1million". On Tue, Oct 25, 2016 at 3:53 PM, James Dickerson via bivio.com <user*78700001@bivio.com> wrote:
We use Etrade. They are great & treat us as if we were a big client (even though we are not). Best, Dave Nathanson Hawaiian Shirt Society From: "Jeanne Tieken" <jeannetieken@gmail.com> To: "The Club Cafe" <club_cafe@bivio.com> Sent: Tuesday, October 25, 2016 7:35:30 AM Subject: [club_cafe] club brokerages TD Americade is buying Scottrade; the deal will close next September. http://www.cnbc.com/2016/10/24/td-ameritrade-td-bank-to-buy-scottrade-for-4-billion.html What brokerages are most popular with Bivio clubs? If you have a club member/treasurer who keeps most of their money at Charles Schwab (one million is a good number) Schwab may "household" the club's account if "asked". Two clubs I belong to use TD Ameritrade at their regular fee of $9.99. If you household with Schwab, you may get a better trading fee (I have heard as low at $7.99). Dene Alden Join Us At The 66th Annual From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Ed Kennedy We use Charles Schwab with good results and Bivio link, but I understand they no longer offer accounts to "organizations with less than $1million". On Tue, Oct 25, 2016 at 3:53 PM, James Dickerson via bivio.com <user*78700001@bivio.com> wrote:
Yes, they will negotiate. > On Oct 25, 2016, at 4:51 PM, Dene Alden <dene.alden@gmail.com> wrote: > > If you have a club member/treasurer who keeps most of their money at Charles Schwab (one million is a good number) Schwab may “household” the club’s account if “asked”. Two clubs I belong to use TD Ameritrade at their regular fee of $9.99. If you household with Schwab, you may get a better trading fee (I have heard as low at $7.99). > > Dene Alden > > Join Us At The 66th Annual > BetterInvesting National Convention > May 18-21, 2017 > Hilton Netherland Plaza > Cincinnati, OH 45202 > > > > From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Ed Kennedy > Sent: Tuesday, October 25, 2016 4:13 PM > To: club_cafe@bivio.com > Subject: Re: [club_cafe] club brokerages > > We use Charles Schwab with good results and Bivio link, but I understand they no longer offer accounts to “organizations with less than $1million”. > > On Tue, Oct 25, 2016 at 3:53 PM, James Dickerson via bivio.com <user*78700001@bivio.com> wrote: > TDAmeritrade. No issues either. > > Jimmy > James P. Dickerson | Adhesives Technology, Eastman Chemical Co. > Office 423.229.1935 | Cell 423.367.9693 > > Sent from my iPhone |
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